Rio Tinto Aluminium Limited, as manager of the Gladstone Power Station Joint Venture, is seeking authorisation on behalf of itself and participants in the Gladstone Power Station Joint Venture [GPS Energy Pty Limited, GPS Power Pty Limited, Sunshine State Power BV, Sunshine State Power (No. 2) BV, SLMA. GPS Pty Ltd, Ryowa II GPS Pty. Limited, YKK GPS (Queensland) Pty Limited] (Gladstone Power Station Joint Venture) for arrangements under amended agreements in relation to electricity generated by the Gladstone Power Station and supplied to the Boyne Island Aluminum Smelter and the National Electricity Market.
Earlier agreements relating to the Gladstone Power Station were previously authorised by the ACCC in 1994. The applicants have amended the GPS Agreements to accommodate certain changes to commercial arrangements which have occurred against the background of the introduction and operation of the National Electricity Market.
On 2 June 2010 the ACCC issued a final determination granting conditional authorisation until 29 March 2029.
A copy of the ACCC's determination is available by following the links below.
